Vestas Wind Systems AS 2024 SR
The report outlines Vestas' tax strategy, governance, and total tax contribution for the year 2024. The company reported a total tax contribution of EUR 2,648 million, consisting of EUR 672 million in taxes borne and EUR 1,976 million in taxes collected. It highlights the integration of the Corporate Sustainability Reporting Directive (CSRD) and the results of its first double materiality assessment, which identified transparent tax as a key topic. Additionally, the report includes a detailed country-by-country analysis and discusses the implications of OECD's Pillar Two global minimum tax rules.
Company: Vestas Wind Systems AS
Sector: Industrials
Country: Denmark
Year: 2024
Type: SR
Pages: 53
Vestas Wind Systems AS
Tax Sustainability Report
The report outlines Vestas' tax strategy, governance, and total tax contribution for the year 2024. The company reported a total tax contribution of EUR 2,648 million, consisting of EUR 672 million in taxes borne and EUR 1,976 million in taxes collected. It highlights the integration of the Corporate Sustainability Reporting Directive (CSRD) and the results of its first double materiality assessment, which identified transparent tax as a key topic. Additionally, the report includes a detailed country-by-country analysis and discusses the implications of OECD's Pillar Two global minimum tax rules.
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Document Details
Report Year
2024
Reporting Period
2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees